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tax rate
My taxable income is showing at $33,762 and I'm filing married joint.
Based on tax table, up to $23,850, I should owe $2385 in tax @10% and the balance of $9912.00 at 12% would be $1189.44 for a total of $3574.44 but TT is showing I owe $4353 in tax. Why the difference?
This is coming to over 12% in tax for the entire amount. Can anybody tell me why?
Sunday